Crypto news

Sophie Gilder – Head of Blockchain and Digital Assets at Commonwealth Bank of Australia (CBA) – revealed that the financial institution could start offering more cryptocurrency services to clients. She further disclosed that the organization seeks to double the size of its blockchain team in the months to come. ‘Crypto is Here to Stay’ Australia has been gradually expanding its presence in the cryptocurrency universe in recent months. At the end of 2021, the nation’s biggest...

Diversified holding company Bit Nile Holdings, Inc. is creating a whole new division called Bit Nile Mining Solutions that will focus on self-mining bitcoin. Bit Nile Looks to Be a Crypto Mining Solution for All The company is looking to establish partnerships with assorted crypto and blockchain firms such as Bitmain so it can engage in all aspects of crypto mining such as the distribution of equipment, hosting and managing electrical power, repairing miners and...

Following the launch of Russia’s “special military operation” against Ukraine, which turned out to be an all-out war, NATO, the EU, and other countries decided to take a different approach and impose sanctions against Russia’s leaders and its economy instead of getting directly involved in the conflict. But it wasn’t just governments that went in that direction, as many companies did the same by halting services to Russian-based customers. They received some perhaps...

Last December, a case between Craig Wright – an Australian computer scientist and the self-proclaimed inventor of bitcoin – and David Kleiman, now deceased, saw Wright having to forfeit as much as $100 million to Kleiman’s family and estate. It was alleged in the case that the two had worked together on various bitcoin-related projects several years prior and that Kleiman never received the financial payouts he was owed. Craig Wright Has to Pay Even More However, while...

Ethereum has officially burned more than two million ETH via the EIP-1559 upgrade implemented last year. The biggest on-chain gas burner on the Ethereum network is the leading NFT marketplace OpenSea, followed by ETH transfers. Other gas guzzlers include Uniswap, StrongBlock, Tether, etc. Ethereum Burning According to the latest stats in Watch the Burn, the Ethereum network has destroyed over 2 million ETH, meaning nearly $6 billion were removed from circulation of the...

INTERNET CITY, DUBAI, Mar. 18, 2022 – LBank Exchange, a global digital asset trading platform, will list Rubix (RBT) on March 23, 2022. For all users of LBank Exchange, the RBT/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 23, 2022. Blockchain protocols such as Bitcoin and Ethereum with exhaustive mining-based Proof-of-Work consensus algorithms often cause high latency, low throughput, and high transaction costs, while...

Top cryptocurrency exchange, LBank CEO recently was interviewed by foremost online tv, Crypto TV. Allen Wei gave a clear description of what the exchange stands for, his motivation behind building the platform, and LBank’s mission to drive more community engagement. In detail, Allen recounts that his main purpose of creating the crypto exchange was to give back to the people, provide them with financial freedom, and build a global community of innovators, thinkers, and...

Steve Wozniak believes that bitcoin is going to explode in the coming years. Echoing sentiment issued by Anthony Scaramucci, he is certain that bitcoin will hit $100,000, though he’s not too sure when. Steve Wozniak Is Confident in Bitcoin In a recent podcast interview, Wozniak discussed the growing bitcoin marketplace and stated that he believes the world’s biggest and most powerful digital currency by market cap is going to exceed everyone’s expectations and hit...

The rumors were true: Goldman Sachs has reportedly conducted its first OTC crypto option trade with investment firm Galaxy Digital. This marks the first of any such trade among all major US banks, and a big milestone for the crypto derivatives market. Bitcoin Options Trades Earlier this month, unidentified sources claimed that Goldman was contemplating offering bilateral crypto options for institutional clients. Apparently, it was just one of multiple Wall Street Banks to...

Ein österreichisches Fintech-Start-up, das fast von Beginn an zahlende Kunden hat, ist eine Seltenheit und fällt auf. Das liegt auch an der Idee. Fynup: Bitpanda-Investoren übernehmen 2,5 Prozent Firmenanteile: Das Wiener FinTech-Startup fynup will Anlagen für Investoren deutlich lukrativer machen. Die Bitcoin-Investoren Georg und Josef Konrad, die bereits Frühinvestoren bei Bitpanda waren, steigen nun bei fynup ein. Bitpanda ist eine der...